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Lab-grown diamond brand Zinara raises pre-seed funding led by Inflection Point Ventures

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Lab-grown diamond brand Zinara raises pre-seed funding led by Inflection Point Ventures

Delhi NCR based lab-grown diamond jewellery brand Zinara has raised Rs 3.61 crore ($380K) in a pre-seed round led by Inflection Point Ventures (IPV). 

Nine Jewellery, Bollywood actress Nikita Dutta and other angel investors also participated in the round.

The proceeds will be used to expand its team, increase marketing activities and strengthen its supply chain infrastructure. It plans to expand its product and brand presence across India.

Founded by Harshit Abrol and Sumanyu Vyas, Zinara focuses on everyday diamond jewellery made with lab-grown diamonds and 18K gold vermeil. The firm currently has more than 400 designs and has crossed Rs 1 crore in annual recurring revenue.

Abrol previously worked at P&G and Apnaklub, while Vyas has worked at Blinkit and Classplus. Zinara follows a digital-first model and serves customers across India. The brand also offers a lifetime warranty, buyback and exchange options on its products.

IPV has invested more than Rs 900 crore across over 280 startups, according to the company. 



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